Brick Quadplex with Private
For Sale
$2,150,000
2402 82nd Street, Brooklyn, NY 11214
Residential, Brooklyn, NY
Property Size3,240 SF
Lot Size0.06 Acres
Price / SF$663.58
Days on Market522
Property Features for 2402 82nd Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bathroom 3, Bathroom 2, Bathroom 1
Basement
Full, Finished
Subdivision
Bensonhurst
Standard status
Active
Size
3,240 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
13822
Building Details
Year built
1921
Floors in Building
2
Flooring type
Tile, Hardwood
Building materials
Brick
Roof type
Flat
Listing Agency:
Tiger Realty
Listed By:
Emily Hui Chen-Liang
(917) 708-9966
Added: May 20, 2025
Changed: Oct 22
Last Checked: Oct 23 at 8:06AM
MLS# 492814
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This four-unit residential property occupies a 2,700-square-foot lot measuring 27' x 100' and contains 3,240 square feet of building area. Constructed in 1921 with brick construction and a flat roof, the building includes four three-bedroom units. Each apartment has its own boiler, hot water heater, electric meter, and gas meter. Interior finishes include tile and hardwood flooring, with four bathrooms identified in the property information.
The corner property is positioned at 82nd Street and 24th Avenue in Brooklyn, near the D train station at 86th Street. A private driveway along 24th Avenue accommodates 2 cars. The property carries R5 zoning and is located in ZIP Code 11214.
The corner property is positioned at 82nd Street and 24th Avenue in Brooklyn, near the D train station at 86th Street. A private driveway along 24th Avenue accommodates 2 cars. The property carries R5 zoning and is located in ZIP Code 11214.
Key Highlights
- Four‑unit building with three bedrooms in each unit
- 3,240 square feet of building area on a 2,700‑square‑foot lot
- Corner location at 82nd Street and 24th Avenue in Brooklyn
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,370
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,767,400
$1.8M
Cap Rate 7%
$1,262,429
$1.3M
Cap Rate 9%
$981,889
$981.9K
Market Conditions
NOI Build-Up for 3,240 SF
Gross rent
$132.2K $40.80/SF
− Vacancy
−$5.9K −$1.84/SF
EGI
$126.2K $38.96/SF
− OpEx
−$37.9K −$11.69/SF
NOI
$88.4K $27.27/SF
Area
ZIP 11214
Vacancy
4.50%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,767,400
Cap Rate 7%
$1,262,429
Cap Rate 9%
$981,889
Alternative Uses
Best Use
Multifamily LT 5
$1.26M
$1.10M – $1.47M
NOI $88,370 @ 7.0% cap · market cap 4.11%
Second Best
Apartment 5plus
$1.13M
$990.0K – $1.32M
NOI $79,200 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$1.89M
$1.65M – $2.21M
NOI $132,304 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
4
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,626
Businesses Nearby
Explore this area
Business Placement
Demographics for 11214, NY
96,560
Population
33,341
Households
2.9
Avg Household Size
39
Median Age
32%
College-Educated
76%
High-School Grad
2.0 sq mi
ZIP Area
48,280
Density / Sq Mi
$64,286
Median Household Income
$41,172
Median Earnings
$1,710
Median Rent
$1,007,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Four three-bedroom units offer separate utility systems and driveway parking in a Brooklyn residential setting.
Where is this quadplex located?
The property is located at 2402 82nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Four‑unit building with three bedrooms in each unit; 3,240 square feet of building area on a 2,700‑square‑foot lot; Corner location at 82nd Street and 24th Avenue in Brooklyn
